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Answer and follow the directions Learning Task No.3 Directions: To practice what you have learned, answer the following word problems. 1. Mr. Sonny served Company

Answer and follow the directions

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Learning Task No.3 Directions: To practice what you have learned, answer the following word problems. 1. Mr. Sonny served Company B for 22 years with an average daily rate of P467.35. He plans to retire and avail his retirement benefit. How much is the minimum retirement pay that he will receive? 2. Mr. Santos receives an annual salary of P240,000. At the end of the year, what would be his 13t month pay?3. XYZ Co. has three employees with compensation net of contribution to SSS, Philhealth, and Pag-ibig are as follows: Employee A P21,000 Employee B 32,000 Employee C 45,000 Compute the predetermined tax for each employee. A. Assimilation (Time Frame: 20 minutes) Learning Task No. 4 Directions: Give at least 5 important things of knowing the benefits offered by a company. V. ASSESSMENT (Time Frame: 20 minutes) (Learning Activity Sheets for Enrichment. Remediation, or Assessment to be given on Weeks 3 and 6) Learning Task No.5 Directions: Identify if the statement is True or False. Write your answer in your joumal 1. Nontaxable benefits include all monetized leave credits. 2. Some bonuses or allowances are nontaxable. 3. Thirteenth month pay may or may not be taxable. 4. Taxes are added in the deduction. 5. There is a possibility that a certain employee will be exempted from tax even if he/ she receives some benefits

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